New Mexico Insurance Division News

New Mexico’s superintendent of insurance pleaded Wednesday for more time to recover unpaid taxes on insurance premiums and investigate at least one company, after an outside audit uncovered $193 million in uncollected state revenue. Insurance Superintendent John Franchini told a …

New Mexico’s Insurance Division has issued a catastrophe declaration for insurers and adjusters after receiving thousands of claims stemming from last week’s damaging winds. New Mexico’s administrative codes say the division can issue a catastrophe declaration when it receives at …